UBS analyst Timothy Arcuri lowered the firm’s price target on Lam Research to $1,150 from $1,250 and keeps a Buy rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LRCX:
- Which Upcoming Stock Split Is Worth Buying? Analysts Have a Clear Favorite
- Lam Research Appoints New Board Members with Diverse Expertise
- Unusually active option classes on open August 30th
- Lam Research Corporation Announces a 15% Increase in Quarterly Dividend
- Lam Research raises quarterly dividend 15% to $2.30 from $2.00 per share